m***s
发帖数: 605 | 1 If I contribute to non-deductible IRA and then convert it to roth. What is
the best timeline? It seems there's some rule you can't do this in the
same year?
I usually contribute in Jan. If I convert next Jan, I have to pay tax on
any gains , right? If I convert right away, I can avoid that. How do you
guys do it? |
t***s
发帖数: 4666 | 2 convert it on the same or next day.
【在 m***s 的大作中提到】
: If I contribute to non-deductible IRA and then convert it to roth. What is
: the best timeline? It seems there's some rule you can't do this in the
: same year?
: I usually contribute in Jan. If I convert next Jan, I have to pay tax on
: any gains , right? If I convert right away, I can avoid that. How do you
: guys do it?
|
D******y
发帖数: 3780 | 3 if I contribute for year 2010 NOW, and I convert it right away to ROTH. When
will it be reflected on my tax return? for year 2011 or year 2010?
【在 t***s 的大作中提到】
: convert it on the same or next day.
|
R*********t
发帖数: 217 | 4 Fidelity seems not let me convert it on same or next day.
Maybe it needs to have the transfer cleared from my bank first.
【在 t***s 的大作中提到】
: convert it on the same or next day.
|
t*m
发帖数: 4414 | 5 you did it online or by paper forms?
【在 R*********t 的大作中提到】
: Fidelity seems not let me convert it on same or next day.
: Maybe it needs to have the transfer cleared from my bank first.
|
R*********t
发帖数: 217 | 6 I called Fidelity. They said if you contributed online and cash was from
your bank, you can convert after 3 business days.
【在 R*********t 的大作中提到】
: Fidelity seems not let me convert it on same or next day.
: Maybe it needs to have the transfer cleared from my bank first.
|
t***s
发帖数: 4666 | 7 the fund need to be cleared. i always contribute from fidelity brokerage
account.
【在 R*********t 的大作中提到】
: Fidelity seems not let me convert it on same or next day.
: Maybe it needs to have the transfer cleared from my bank first.
|
